Feed Items
The move follows several other firms turning to the stockpiling of different cryptocurrencies as their prime function.
Bitcoin Cash emerged as a notable exception, posting a 25% return that significantly outpaced Bitcoin's modest gains.
Surging past $112,000 Bitcoin set a new all-time price high as institutional demand continues to grow.
Spot Bitcoin ETF AUM continues to rise, sitting around $146 billion, reflecting sustained institutional interest despite market volatility.
Thumzup Media also disclosed that Donald Trump Jr. owns 350,000 shares, worth about $4 million at current prices.
Lawmakers will have to contend with how to define crypto, address Trump's crypto interests and ultimately finalize rules for the industry.
As the self-proclaimed top holder of TRUMP, Sun recently attended a dinner earlier this year hosted by the president.
As companies ramp up efforts to bring tokenized stocks in the U.S., the SEC's Hester Peirce is drawing a line in the sand.
Kraken has been gaining momentum over the past month, with its market share climbing to 29% since the start of the year.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.